Accounting Report Essay Example | Topics and Well Written Essays - 2250 words

Accounting Report - Essay Example diversity, because of the fact that it is one of the few sectors which have remained resilient during financial downturns and because it plays a vital role in the communities for the provision of employment opportunities and as a result acts as a driving force necessary for social cohesion. Three companies are selected for the analyses which are J D Sport Fashion Plc., Sports Direct International Plc. and Next Plc. These companies are selected because they are three renowned players in this specific segment. J D Sports Fashion Plc. is a leading retail company based in England in the segment of sport retail. Next Plc. is a British clothing, home products and footwear retail company. It is the largest retailer of clothes in the United Kingdom as measured by sales. The company has more than 700 stores across the UK and 200 across other geographical locations in Asia. The stocks of the company are listed in the London Stock Exchange. Sports Direct International Plc. is also a giant sports retail company in the United Kingdom. It is a multinational retailer with over 500 stores across the globe. All the three companies also have their respective electronic commerce stores. The general information of the three companies is summarized in Table 1. This research is aimed at answering the question as to what is the situation of the external and internal retail industry of the United Kingdom. The research question is to be answered by considering three main retail companies operating in the country which are J D Sport Fashion PLC, Sports Direct International PLC and Next Plc. The aim of the research is to provide an analysis of the retail industry through the consideration of the various influential factors that are affecting the industry. This is done by using different management and analysis tools like the Porters five forces model, PEST analysis, Critical Success Factor (CSF) evaluation and financial analysis including financial and non financial ration